Microsoft to cut 4,800 jobs, overhaul Xbox unit

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Microsoft to cut 4,800 jobs, overhaul Xbox unit - CTV News

Microsoft said on Monday it would cut 4,800 jobs, or about 2.1 per cent of its global workforce, including overhauling its Xbox gaming business and ‌divesting up to five studios as it looks to boost returns after years of heavy investment in the division.

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